Cargotec receives EUR 25 million order for MacGregor cargo handling cranes from China

Wed Oct 19, 2011 6:00am EDT

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CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 19 OCTOBER 2011 AT 1 PM (EEST)

Cargotec has confirmed a contract worth around EUR 25 million from a Chinese shipyard to deliver 104 MacGregor cargo handling cranes for 26 bulk carriers. The cranes will be delivered during 2012 and 2013, majority in 2013. The order is booked in the third quarter of 2011.  

"The ordered cranes are MacGregor GLB cranes and they offer an efficient and reliable cargo handling solution to our customers", says Paul Söderstedt, Sales Manager for bulker cranes at Cargotec.

Further information for the press:
Paul Söderstedt, Sales Manager, Bulk Cranes, tel. +46 660 294 035
Anne Westersund, Vice President, Communications and Marketing, tel. + 358 20 777 4460

Further information for investors:
Paula Liimatta, Investor Relations Manager, tel. +358 20 777 4084

Cargotec improves the efficiency of cargo flows on land and at sea - wherever cargo is on the move. Cargotec's daughter brands, Hiab, Kalmar and MacGregor are recognised leaders in cargo and load handling solutions around the world. Cargotec's global network is positioned close to customers and offers extensive services that ensure the continuous, reliable and sustainable performance of equipment. Cargotec's sales totalled EUR 2.6 billion in 2010 and it employs approximately 11,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV. www.cargotec.com




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Source: Cargotec Oyj via Thomson Reuters ONE

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